Skip to main content

Software
- Lending & Credit Risk
  Automate lending and credit processes to reduce origination costs, drive efficiency, and build stronger banking relationships
- Financial Crime
  Protect your institution with integrated financial crime solutions for AML/CFT, sanction screening, and fraud detection
  - Anti-Money Laundering
  - Fraud Detection
- Portfolio Risk & CECL
  Optimize financial performance with integrated portfolio management solutions
- Partners & Integrations
  Trusted partnerships for integrating Abrigo into your ecosystem
- Data & Analytics
  Gain actionable insights through banking intelligence software
Advisory Services
- Consulting Services
  Drive growth and manage risk in a rapidly changing world by partnering with Abrigo’s team of experts.
- Suspicious Activity Monitoring
  Our AML experts provide outsourced assistance with alerts, cases, lookbacks, and more.
- CECL Consulting
  With experience across hundreds of CECL filers, our team takes the stress out of CECL transitions.
AI Hub
Events
Knowledge Center
Company
- About Us
  Drive growth and manage risk in a rapidly changing world with the Abrigo platform.
  - Investors
  - Leadership
  - News
  - Press
  - Testimonials
- Life at Abrigo
  Discover what life is like at Abrigo and become part of a community that makes a difference.
  - Culture
  - Benefits
  - Values
- Inclusion & Belonging
  Join us on the journey to create an inclusive culture for our most valuable assets. Our people.
- Job Openings
  Discover what life is like with an award-winning culture and a team that Makes BIG Things Happen.
Get a demo

Fraud Prevention Check Fraud Fraud Trends

Abrigo Fraud Detection Digital ROI Tool

Fraud ROI Calculator

Which of the following areas would have the most impact on your check fraud department?

More accurate check fraud detection

Spending less time reviewing checks

More efficiency when reconciling impacted accounts

Fill out the form below to see how Abrigo Fraud Detection can support your financial institution’s goals.

Operational efficiency

Financial, time, or resource burden

Approximate dollar amount of check fraud losses in previous 12 months

Approximate dollar amount of check fraud losses in previous 12 months(Required)

Current percentage rate of your institution's detection of check fraud

Current percentage rate of your institution's detection of check fraud(Required)

Number of customer/member accounts affected by check fraud in the last 12 months

Number of customer/member accounts affected by check fraud in the last 12 months(Required)

Please enter a number greater than or equal to 0.

Average time needed to rectify a fraud-affected customer/member account

Average time needed to rectify a fraud-affected customer/member account(Required)

Please enter a number greater than or equal to 0.

Hourly labor costs of fraud analyst (avg. is $31/hr)

Hourly labor costs of fraud analyst (avg. is $31/hr)(Required)

Time spent investigating/analyzing checks per month

Time spent investigating/analyzing checks per month (Hours)(Required)

Please enter a number greater than or equal to 0.

Number of additional analysts required to meet demand

Number of additional analysts required to meet demand(Required)

Please enter a number greater than or equal to 0.

Annual cost associated with alternative products/technology that may potentially be replaced

Annual cost associated with alternative products/technology that may potentially be replaced(Required)

Estimated value of reputation loss because of fraud impact (Industry avg. is $45,600 per lost customer/member)

Estimated value of reputation loss because of fraud impact (Industry avg. is $45,600 per lost customer/member)(Required)

Estimated number of accounts lost as result of fraud in previous 12 months

Estimated number of accounts lost as result of fraud in previous 12 months(Required)

Time associated with creating fraud reporting per month

Time associated with creating fraud reporting per month(Required)

Please enter a number greater than or equal to 0.

Cost associated with creating fraud reporting per month

Cost associated with creating fraud reporting per month(Required)

This field is hidden when viewing the form

Monthly ($) On Us Check Fraud Activity

This field is hidden when viewing the form

Current Low Abrigo Fraud Detection Rate (%)

This field is hidden when viewing the form

FI's Current Average Detection Rate (%)

This field is hidden when viewing the form

Additional Check Fraud Detected (%)

This field is hidden when viewing the form

Monthly Additional Savings ($) from Increased Detection

This field is hidden when viewing the form

Monthly Time Savings (hours) Investigating and Analzying Checks

This field is hidden when viewing the form

Hourly Rate Per Analyst

This field is hidden when viewing the form

Monthly Time Savings ($) Investigating and Analyzing Checks

This field is hidden when viewing the form

Monthly (Accts) Effected by On Us Check Fraud

This field is hidden when viewing the form

Labor $ associated with Reconcilling Effected Accounts

This field is hidden when viewing the form

Time Spent Reconciling a Single Acct (Hours)

This field is hidden when viewing the form

Additional Accounts Saved from Fraud Event

This field is hidden when viewing the form

Monthly Additional Savings ($) from Increased Detection

Disclaimer: Abrigo's ROI tool uses your inputs to provide estimates but does not store or share your financial information. We may analyze anonymized trends to improve our tools and insights.

Want to see a full report?

Email yourself a copy

Email a copy to a colleague